6/29/2016 The News
By Earl Anthony Wayne, Mexico Institute Public Policy Fellow
When Presidents Enrique Peña Nieto and Barack Obama join Prime Minister Justin Trudeau in Ottawa on June 29 at the North American Leaders’ Summit (NALS), they will have two big tasks: First, to explain why cooperation between the three countries is of great value; and second, to approve an action agenda that will produce good results for economic growth, mutual security, the environment and international cooperation.
Since Mexico hosted the “Three Amigos” Summit in 2014, the U.S. political debate has turned critical of cooperation across the continent, spiced with toxic rhetoric aimed at Mexico. The leaders will meet as the U.K. vote has shaken the EU’s model of deep cooperation, and as all three North American economies need more growth and better performance. At the same time, collaboration and understanding between the three governments has improved significantly, and the connectivity between the economies has deepened. Mexican, Canadian and U.S. trade totals $1.2 trillion a year, with over $850 billion invested by the three countries in their neighbors’ economies, and the non-economic cooperation is vast.